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Ponzi Accused of USD 2B Heist & BTC Crash, Analysts Disagree

16.8.2019
In the past couple of days, the Cryptoverse was filled with discussions about an alleged Chinese ponzi scheme selling bitcoin and causing a crash, but according to cryptocurrency analyst group TokenAnalyst, that may not be the reason. Dovey Wan, a founding partner of California-based investment...

Bitcoin and Altcoins at Continued Risk of Weakness

16.8.2019
After a strong decline, bitcoin price recovered above the USD 10,000 resistance level. BTC/USD even traded above USD 10,150, but it struggled to gain strength above USD 10,350 and USD 10,400. As a result, the bears took back control and pushed the price back below the USD 10,000 support level....

Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks

16.8.2019
The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark...

These Portfolio Tracking Tools Will Also Prepare Your Crypto Taxes

16.8.2019
Tax season is months away, which is why you need to start preparing for it now. Leave everything to the last minute and you’ll only end up cursing your procrastination. Organize your cryptocurrency activity in advance and you’ll breeze through tax deadline day without so much...

Dallas Mavericks Fans Can Now Purchase Tickets and Merchandise with Bitcoin

16.8.2019
Since early last year adopting cryptocurrency has been in mind for the Mavs, when billionaire tech investor and the owner of the team, Mark Cuban indicated that fans would soon have the option to utilize Bitcoin to purchase tickets to the group’s games. Mark Cuban, one of the first...

Samsung Adds Bitcoin Support to Its Blockchain Keystore

15.8.2019
On August 13, Samsung, the South Korean multinational conglomerate, published the company’s new Blockchain Keystore SDK for developers and the latest release supports Bitcoin Core (BTC). The version follows Samsung’s previous Keystore release which only supported ETH and the ERC20...

Bitcoin Cash Records 17% Downtrend Within A Day, Dipping Below $300

15.8.2019
Bitcoin Cash’s sudden dip below $300 concerns traders BCH may reclaim $300 by the end of the day In the last 7 days, the highest recorded value of Bitcoin Cash (BCH) was around $353 and it has declined almost suddenly within a day to trade below $300. The current market performance of the coin...

Ron Paul Slams Fednow Payment System and Encourages Crypto Competition

15.8.2019
Ron Paul, the muckraking former congressman from Texas, is stirring things up once again, this time taking aim at the new real-time digital payment system proposed last week by the U.S. Federal Reserve. Presented as an innovative solution by government and media voices, the cryptosphere received...

Why US BTC ETFs Matter if ‘No One Cares’ About European ETNs and ETPs

15.8.2019
As a new round of decisions by the U.S. Securities and Exchange Commission (SEC) on bitcoin-backed exchange traded funds (ETFs) is expected in the coming months, questions are now being asked on why it even matters. In an interview on Bloomberg TV on Wednesday with Hunter Horsley, CEO of Bitwise...

Bitcoin As a Safe Haven Case Still Lacks Proof

15.8.2019
As the global markets went down, discussion have been lead about bitcoin (BTC) as a safe haven – with many not believing it to be so. As bitcoin climbed while stocks were falling, some in cryptoverse argued it was acting like a safe haven in a manner similar to gold, while others denied that...

What to Do if You Just Got a Crypto Tax Letter from the IRS

15.8.2019
Have you just woken up to find a letter from America’s top tax authority, the Internal Revenue Service (IRS) in your mailbox, asking you to pay tax on your crypto earnings… and come to the sad realization that you’re not having a nightmare? Scores of American cryptocurrency traders have received...

Bitcoin Price Analysis: BTC’s Mayday Forced Coin Below $10,000

15.8.2019
Bitcoin falls below 10,000 USD price level with a cut above 5% overnight. The BTC’s next halt may happen at 9,700 USD. Bitcoin (BTC) has finally demolished all expectations of a price recovery anytime soon by falling below 10,000 USD. It is currently being traded near 9971 USD. With three major...

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